[ad_1] 2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor recorded a net loss of $827 million during the third quarter, weighed down by supply chain problems and an investment in autonomous vehicle unit Argo AI. Still, the automaker narrowly beat Wall Street’s subdued expectations for the period and …
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[ad_1] Chipotle Mexican Grill on Tuesday reported quarterly earnings that topped analysts’ expectations on the strength of its latest round of menu price hikes. CEO Brian Niccol said the company saw “minimal resistance” to higher menu prices during the quarter, although transactions declined 1%. Even with the price hikes, he noted the …
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[ad_1] Coca-Cola on Tuesday raised its full-year outlook, predicting that its two-pronged strategy of hiking prices and offering more affordable options will keep driving sales growth. Inflation is expected to keep raising Coke’s expenses in 2023, and executives signalled that more price hikes could be on the way over the …
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[ad_1] United Parcel Service driver pulls away after making a delivery in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images United Parcel Service reported mixed third quarter results Tuesday morning, posting earnings that beat analyst expectations and revenue that fell short of predictions. Here’s how the company performed compared …
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[ad_1] UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on Thursday, May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT – General Motors is set to report its third-quarter earnings before the bell on …
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[ad_1] Containers of Tide detergent on grocery store shelves. Richard Levine | Corbis | Getty Images Procter & Gamble on Wednesday reported quarterly earnings and revenue that topped analysts’ estimates as higher pricing helped offset lower sales volume and currency headwinds. The maker of Tide detergent, Charmin toilet paper and …
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[ad_1] Netflix’s revelation that it lost 200,000 subscribers in the first quarter put further pressure on an already beleaguered tech sector, but top tech analyst Mark Mahaney believes the current weakness in the sector presents several opportunities for investors. Aaronp/bauer-griffin | Gc Images | Getty Images Netflix is set to …
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[ad_1] A worker arranges boxes of Hasbro board games on a shelf at a Target Corp. location in Emeryville, California. David Paul Morris | Bloomberg | Getty Images Hasbro reported third-quarter earnings Tuesday morning that fell short of analysts’ expectations as inflation weighed on consumers. The toy maker also faced …
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[ad_1] An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza reported better-than-expected revenue for the third quarter Thursday and stood by its forecast for food cost inflation this year, even though earnings fell short of …
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[ad_1] Walgreens Boots Alliance on Thursday exceeded fiscal fourth quarter sales and earnings expectations, as the drugstore chain turns itself into a more health-care focused company. The company said it anticipates full-year adjusted earnings per share of $4.45 to $4.65 in the coming fiscal year, which is about in line …
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